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riclater211 replied May 21, 2019Not much going on. Price spikes through but did not make it past trend line. Triple tap in the same general area suggests a possible up move, however these are some powerful trend lines. I do not believe price will pass 1300.00 any time soon. With ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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riclater211 replied May 21, 2019Hey All, Created 2 Trade Boxes. The 1st one is a short bias box if/when price clears 139.00 with a max range of 300 pips to 136.00. On the long side I do not feel as confidant and set up a 100 pip box between 142.00 and 143.00. Over all long term ...
Dragon Riders GBP/JPY
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riclater211 replied May 21, 2019Price is flatter than stale beer. 10 pip traders should be having fun. Price is creeping down to my trade box. Nothing changed. Weekly chart tells the real story. - Ric
EURUSD
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riclater211 replied May 21, 2019Hey All, Ho-hum day. Looks like price needs a catalyst. Created a 50 pip trade box to the long side. I see price having a real struggle to get through 122.50 for now without some news or something. - Ric
EUR/JPY
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riclater211 replied May 21, 2019Hey All, I do not have any long term predictions. I do see a chance to scalp up to 50 pips on either a retrace up or a small push back down. Wait and see. - Ric
AUD/USD
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riclater211 replied May 20, 2019Hey All, I have been receiving more than a few private messages saying I really should be posting WTI instead of Brent. To be honest, it is not much of a difference other than the actual pricing. However, I have no issue with it so here we go. My ...
WTI Crude Oil Trading
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riclater211 replied May 20, 2019Price creeping back down to my previous trades exit and the triple tap location @ 1.00500 that caused it. Price is tightening as many other USD pairs are doing. - Ric
USD/CHF
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riclater211 replied May 20, 2019Stalling , stalling , stalling... keeps this pair a stalling.... - Ric
USD/CAD
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riclater211 replied May 20, 2019My current trade is stalling. Not sure which way it want to go so for now I will hold on. - Ric
NZD/USD
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riclater211 replied May 20, 2019Price is still in my Trade Box. Waiting for exit and re-entry for short possibility. - Ric
Cable Update (GBPUSD)
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riclater211 replied May 20, 2019Price once again bounces off the trend line. After last weeks failed trade, waiting for some better confirmation to decide what to do here. - Ric
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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riclater211 replied May 20, 2019Price just hovering. It looks like it is in preparation to retrace. I may just get in when/if price exceeds 140. - 141.00 for 100 or less pips target. Wait and see. - Ric
Dragon Riders GBP/JPY
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riclater211 replied May 20, 2019Price continues to tighten. Downside potential looks promising. However, I do believe we are in need of a retrace to somewhere in the neighborhood of 1.1400 to 1.1500 area. If that is the case there can be some opportunity to 'SCALP' some pips ...
EURUSD
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riclater211 replied May 20, 2019Hey All, Price is just bouncing along. Tight range waiting for a break. I see upside pressure as a greater potential. Price needs a bit more of a retrace. Wait and see. - Ric
EUR/JPY
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riclater211 replied May 20, 2019Hey All, Price continues to tighten. Which is going to go first? Technical or fundamental? Both are getting tight and both are ready to burst. We shall see. - Ric
WTI Crude Oil Trading
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riclater211 replied May 20, 2019Hey All, Well that was a very sharp retrace. Secure stop taking out 0.69200 banking 73.8 pips. I was not expecting such a reversal. At least not to that degree in one day. Oh well, 74 pips is fine. Not sure what is going to happen not. Wait and see ...
AUD/USD
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riclater211 replied May 18, 2019Hey EinsWaltz, I did say it was a counter trend and I wasn't expecting much. The Bias is Short and has been for 3 months. Have A great weekend, - Ric
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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riclater211 replied May 17, 2019Yea still undecided what to do here. Until next week. Have a great weekend, - Ric
USD/JPY Discussion